- The National Transparency Network demands a peculiar probe into the $1.5 cardinal spent connected the Port Harcourt refinery nether Mele Kyari’s enactment astatine NNPCL
- CSOs person called for a forensic audit of NNPCL's fiscal transactions implicit the past 5 years, citing concerns implicit misallocated funds and the disappearance of 89 cardinal barrels of crude oil
- The radical has urged President Bola Tinubu, the EFCC, and the National Assembly to enactment swiftly successful holding accountable those liable for fiscal mismanagement astatine NNPCL
The National Transparency Network, a conjugation of Civil Society Organizations (CSOs) and patriotic citizens, has called for a thorough probe into the fiscal activities of the Nigerian National Petroleum Company Limited (NNPCL) nether the enactment of erstwhile Group CEO, Mele Kyari.
The radical expressed outrage implicit the reckless expenditure of $1.5 cardinal connected the Port Harcourt Refineries (PHRC) 1 and 2, which person yet to present immoderate refined products.

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At a property league held successful Abuja, the CSOs demanded the constitution of a Special Commission of Inquiry to probe the spending and uncover wherever the funds person gone.
The group’s National Coordinator, Dr Fabian Opialu, highlighted the nonaccomplishment of the refinery rehabilitation task and questioned the transparency of the full process.
CSOs talk connected deficiency of accountability successful NNPCL leadership
Dr Opialu criticised the Kyari-led medication for its deficiency of transparency, peculiarly with the mendacious reports of “mechanical completion” of the Port Harcourt refinery, which has failed to conscionable basal concern standards.
The CSOs questioned wherefore lone 1 of the 2 refineries planned for rehabilitation received funding, and wherever the remaining funds had disappeared.
“We indispensable gully attraction to the staggering sum of $1.5 cardinal allocated for the rehabilitation of Nigeria’s refineries. “Nigerians were led to judge these funds were for a broad overhaul, but the refinery remains non-functional. This is fiscal mismanagement astatine its worst," Opialu said.He added that specified a large-scale misallocation of resources should person been subjected to a rigorous transgression investigation, with each progressive parties held accountable.
CSOs rise alarm implicit missing crude oil
The radical besides raised concerns astir a suspicious statement betwixt NNPCL and Matrix Oil, which invested $400 cardinal successful the refinery rehabilitation task without wide presumption oregon benefits to Nigeria.
They demanded a forensic audit of each NNPCL fiscal transactions implicit the past 5 years, particularly regarding the alleged misallocation of 89 cardinal barrels of crude lipid to non-state actors.
“This is not a lawsuit of mismanagement; it is simply a monolithic economical sabotage. We merit to cognize who authorized the transportation of 89 cardinal barrels of crude oil, who the beneficiaries are, and wherefore nary 1 has been arrested for this monumental loss," Opialu stated.The CSOs judge that this misallocation of crude oil, coupled with the failed refinery project, represents a sedate menace to Nigeria’s economical sovereignty.
Call for contiguous enactment and reform
The CSOs person demanded a broad probe and prosecution, including the interrogation and imaginable prosecution of Mele Kyari, dismissed NNPCL committee members, and different executives progressive successful the mismanagement of nationalist funds.
They besides called for legislative oversight hearings to guarantee transparency successful the recently appointed NNPCL board.
“We impulse President Bola Ahmed Tinubu’s medication to enactment swiftly to code this situation. Reform without accountability is cosmetic.“We entreaty to the Economic and Financial Crimes Commission (EFCC), the National Assembly, and the Presidency to analyse and prosecute those progressive successful this fiscal malfeasance," Opialu added.The CSOs further emphasised that a due investigation, followed by judicial action, would nonstop a wide connection that Nigeria is acceptable to behaviour concern with accountability, putting an extremity to the civilization of corruption that has plagued the country’s resources.
Calls for nationalist accountability grows
The National Transparency Network expressed enactment for President Tinubu’s committedness to reform, but underscored that without addressing accountability successful cases similar this, betterment would magnitude to small much than a cosmetic gesture.
They called for corporate vigilance to guarantee that Nigeria’s nationalist resources are not plundered.
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Source: Legit.ng